Tuesday, October 17, 2017

Classmate Varit Sukhum sends along "Managing Our Hub Economy," published in the Harvard Business Review this month. It's a fascinating look at the winner-take-all question which we debated in class, elaborated on in some detail and given a fair trial. Here's a look:

A real opportunity exists for hub firms to truly lead our economy. This will require hubs to fully consider the long-term societal impact of their decisions and to prioritize their ethical responsibilities to the large economic ecosystems that increasingly revolve around them. At the same time, the rest of us—whether in established enterprises or start-ups, in institutions or communities—will need to serve as checks and balances, helping to shape the hub economy by providing critical, informed input and, as needed, pushback.